Artificial Superintelligence Alliance (Downtrend Line)Artificial Superintelligence Alliance (FETUSDT) did even better than Injective; between November 2022 and March 2024 it grew an astonishing 6,527%. After a bullish wave, a correction follows. After the correction, we get a consolidation period followed by a new bullish wave.
FETUSDT has been red since March 2024, but it seems that the correction is not over. Just last week, we see a candlestick that clearly shows a minor peak, a lower high. This can be the end of wave B of a classic ABC pattern.
The first drop from March through August sent prices as low as January 2024/December 2023, baseline level. With the lower high now forming, a bearish continuation is likely next. This continuation will most likely end in a lower low because we have a lower high. The lower low can push prices toward the September/October 2023 consolidation price range.
It seems we are about to experience a very, very strong crash. There is nothing bullish on this chart. It will be super bullish after the correction ends. But for now, stay out or SHORT, because the market is about to turn red.
Namaste.
FETUST trade ideas
FET - Playing Fibonacci Like A FiddleAfter our recent post about FET having a monthly recovery it went on to finish the month with an over 34% gain! Here is a link to that post:
Now we continue to see FET show bullish momentum based on how price has played with our Fibonacci levels. After resting our orange trendline as new support price rocketed to the upside to test the 0.236 as resistance. Then upon breaking the 0.236 price held it as a new support level and climbed to our next fib level, the 0.382. After price got rejected at the 0.382 it revisited the 0.236 to confirm it as support. Once we rise to break the 0.382 again we should expect the 0.5 followed by the 0.618 and higher.
FET/USDT Structure Shifted BearishLooks like we're in for a major drop! The market structure is signaling strong bearish momentum—be cautious if you're holding. 📉
Could see some massive corrections coming. Stay alert and trade smart! 💡
#Crypto #FETUSDT #BearishTrend #MarketUpdate #TradingAlert #CryptoAnalysis
FET/USDT Strong Support and AI Narrative Fuel Potential GrowthFET/USDT is presenting a compelling case for traders right now.
With strong support at the $1.5 level, positive technical indicators like the bullish divergence on the Stochastic Oscillator, and a growing AI narrative, FET has the potential to reach $2 in the near future.
Traders should consider this an optimal buying zone, but as always, it’s important to stay vigilant and monitor market conditions closely.
Strong Impulsive Move Toward a New ATH Is Just Started 🔎 Let’s Look At The FET Chart At Daily Timeframe, Clear Inverse Head And Shoulder Formed And The Price Break The Neck Line And Also Main Trend Line, In My Idea FET Corrective Cycle Is Completed And New Impulse Move Is About To Start Toward a New ATH
🎯 Next Mid Term Targets Are 2.4$ And 4.2$ As a New ATH
CRYPTO COIN - FET LONG The chart clearly shows the stages of FET’s price growth through the formation of several sideways channels, after which an upward breakout occurs. The current situation indicates the possibility of a continuation of the upward trend with the next price breakout.
After breaking out of the blue sideways channel, a 27.39% increase is expected, bringing the price to around $2.18. The chart demonstrates a stable trend with gradual growth, indicating healthy market dynamics for this coin.
Little short setup FET/USDTSince fet broke below the rising wedge we could expect a little more of a correction to the downside. There is alse a fvg on the 1H timeframe so that would me my target for this short. But remember. FET is a strong one. But a little correction could happen. This is my setup for it. Please leave comment what u think.
Happy trading. Thanks and CHEERS !
FET IDEAFET Price Action is still looking Bullish and strong, but in the short term I'm thinking it's gonna drop a little grabbing some liquidity before continuing the uptrend (minor Correction) mostlikely a simple short ABC Pattern.
But in the mean time especially with BTC and BTC Dominance structures I'm not entering the trade in either direction yet. We'll wait for some confirmation first before Entering. Because also as we can see it's ata very crucial Point. (As a friend of mine says 'Do or Dump' zone)😅
So we'll be keeping an eye on it and further updates to come after breakout or Breakdown.
FETCH AI - Bullish Pattern : Inverse H&SThere's a few reasons to be bullish on FETCH right now:
👉 Bullish pattern in the daily timeframe; inverse Head and Shoulders
👉 Daily TF price is trading ABOVE 200 day moving averages - bullish technical indicator
👉 Support zone retested and held
👉 Great pick for TOP AI Coins 2024
I'd be watching the Fibonacci zones as potential targets for the next impulse wave up, given BTC will likely lead us there.
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BINANCE:FETUSDT
FET long setup if you missed the first oneWe see a resing wedge that broke below. The target from that is little above 0.5 fib. There is also a orderblock. If you missen the previous fet entry i posted. You may get a second chance. FET is strong and the target will be 2$ or even little above.
Please feel free to share your opinion in the comments. Thanks.
Happy trading. Cheers!